VALERO ENERGY CORP/TX — Director's Dealing 2018

Jan 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALERO ENERGY CORP/TX (VLO)
CIK: 0001035002
Period of Report: 2018-01-23

Reporting Person: CISKOWSKI MICHAEL S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-23	Common Stock, $.01 par value	M	44850	—	Acquired	102439	Direct
2018-01-23	Common Stock, $.01 par value	F	17651	$98.685	Disposed	84788	Direct
2018-01-23	Common Stock, $.01 par value	D	13598	—	Disposed	71190	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-23	Performance Shares	$	M	6930	Disposed	2018-01-25	Common Stock (14830)	Direct
2018-01-23	Performance Shares	$	M	7770	Disposed	2019-01-25	Common Stock (13088)	Direct
2018-01-23	Performance Shares	$	M	10290	Disposed	2020-01-25	Common Stock (16932)	Direct

Footnotes

F1: The 71,190 amount does not include (a) 1,061.0681 shares indirectly owned by the reporting person in a thrift plan, or (b) 143,705 shares held by an entity controlled by the reporting person.

F2: Settlement of previously awarded performance shares at 200% of base shares pursuant to the terms of a Performance Share Agreement.

F3: Settlement of previously awarded performance shares at 160% of base shares pursuant to the terms of a Performance Share Agreement.